China Sungarei (Sinkiang, Sin-Kiang) 1, 2, 4 Mace and 7 Mace and 2 Candareens 1897
CoinQuest thanks Heritage Coins for the picture of this amazing dollar (7 mace and 2 candareens) from Sungarei (also known as Sunkiang) province in China. It is an exceedingly rare coin and Heritage sold it for $43700 US dollars back in 2000. I'm sure it is worth much more today.
CHINA. Sungarei (Sinkiang). 1897. Tihwa Mint. L&M-832; Kann-1034; Y-10; Wenchao-pg.241 #313. In 1897, small quantities of dragon series coinage were produced by the mint at Tihwa. A total of four denominations were struck, 1 Mace, 2 Mace, 4 Mace and 7 Mace 2 Candareens. Of these, only the 1 Mace and 2 Mace were released into circulation. This was done in small numbers on a limited basis. Very few examples are known to exist today, when encountered they are normally found in well circulated condition.
Be sure your coin has the Sungarei inscription. There are many coins that look like this, but they do not carry Sungarei
So if you have one of these coins, the 1, 2, 4 mace or the 7 mace and 2 candareens, your first job is to protect your item.
NEVER CLEAN A COIN. CLEANING RUINS VALUE.
The next order of business is to determine its authenticity. The best way to do this is to submit it to PCGS, NGC, ICG, or ANACS (look them up on the Internet) for authentication, grading, and encapsulation. Once authenticated, determining the value involves comparing your coin to known genuine coins that have sold recently at auction. Unless the coin is completely messed up and damaged, it will be worth a lot of money. There are counterfeits and fantasy coins which are worth essentially zero.
The picture below compares Heritage's $40000 coin with an obvious fake. Even 'candareens' is misspelled on the fake.
If you like, send a picture to CoinQuest and we will offer our opinions on authenticity and value. To do this, start an e-mail exchange using the Contact Us link, then send pictures as attachments to e-mail messages once contact is made.
Coin: 14452 , Genre: The Sinosphere
Requested by: lucien, Sat, 04-May-2013 18:38:17 GMT
Answered by: Paul, Sat, 13-Jul-2013 14:56:42 GMT
Requester description: chinese dragon coin sungarei 7 mace 2 candabeens
Tags: china sungarei sinkiang sin kiang kiangnan kieng 1 2 4 mace 7 candareens dragon dragons circle chin chine chian chinese chineese candarins candabeens canadareens candreens